Where’s the next Cyprus? Who knows — but this is a list of countries with the highest levels of exposure to their banks, whether they are troubled or not.
(2 months and 7 days ago)
This ethics programme is getting out of hand A DECADE ago the ascent of European investment banks seemed unstoppable. Their fall has been precipitous. Of the more than half a dozen European banks that stood astride the world’s capital markets five years ago, only two real powerhouses remain: Deutsche Bank and Barclays. Both are fighting to retain their perch. On February...
(3 months and 9 days ago)
And just like that, European banks are back in capital raising mode, starting with what is perceived by some as Europe's strongest bank (alternatively, the most undercapitalized): Deutsche Bank, which at least check had a Core Tier 1 cap ratio somewhere south of 2%. DEUTSCHE BANK TO SELL UP TO 90 MLN NEW SHARES TO RAISE EU2.8B NEW SHARES WILL HAVE DIVIDEND ENTITLEMENT FOR...
(25 days ago)
The share sale helps address criticism that Deutsche Bank had too little capital compared with other banks its size, but the company’s shares fell on the news.
(25 days ago)
The latest quarterly results from UBS and Deutsche Bank suggest Europe's banks may be turning a corner.
(24 days ago)
More than 600 Lloyds bank branches will float on the stock market under the TSB Bank brand after a deal to sell them to The Co-operative Group collapsed.
(30 days ago)
Real estate developer Unitech wants to add allegations linked to the manipulation of Libor to an existing dispute with Deutsche Bank, in a move that could set a precedent for cases against other banks.
(2 months and 24 days ago)
NEW YORK (TheStreet) -- Banks mostly beat expectations in the first quarter, but their earnings outlook remains cloudy given sluggish loan growth and low rates, Deutsche Bank analyst Matt O'Connor said in a note Tuesday. "If rates don't rise and/or loan growth doesn't pick up, we believe banks may need to meaningfully lower their earnings run-rate expectations--either in...
(1 month ago)
Wolf Richter www.testosteronepit.com www.amazon.com/author/wolfrichter Deutsche Bank, long coddled by the German government, is mired in a swamp of costly “matters,” such as the Libor rate-rigging scandal or the carbon-trading tax-fraud scandal that broke with a televised raid by 500 police officers on its headquarters. It’s writing down assets and setting up reserves to...
(2 months and 29 days ago)
April 29 - Tuesday’s a big day for banks with Deutsche, UBS & Lloyds reporting in tough conditions; and, will tomorrow’s euro zone inflation number boost the case for an ECB rate cut?
(25 days ago)
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